<\/p>\n\n\n\n
Bitcoin slipped below the $78,000 threshold on Friday but remained poised for a fourth consecutive week of gains, buoyed by steady institutional inflows, even as mounting geopolitical strains and rising oil prices kept a lid on upside momentum.<\/p>\n\n\n\n
The world’s largest cryptocurrency was last trading 0.3% lower at $77,794.4 as of 03:00 ET (07:00 GMT).<\/p>\n\n\n\n
Bitcoin briefly topped $79,000 on Wednesday and was set to close the week up 4% \u2014 extending its winning streak to four straight weekly advances.<\/p>\n\n\n\n
Data from SoSoValue revealed that U.S.-listed spot Bitcoin exchange-traded funds continued to draw robust inflows, with close to $1 billion in net inflows logged over the past seven days \u2014 marking one of the most substantial weekly intakes since January.<\/p>\n\n\n\n
Cumulative net inflows across Bitcoin ETFs have now surged past $58 billion, with total assets sitting at or above the $100 billion milestone \u2014 a striking testament to the scale of institutional engagement with the asset class.<\/p>\n\n\n\n
Market sentiment remained delicate as Middle East tensions lingered despite the three-week extension of the Israel-Lebanon ceasefire.<\/p>\n\n\n\n
Anxiety surrounding the Strait of Hormuz \u2014 the indispensable artery for global oil flows \u2014 continued to dominate trader attention, with supply disruptions and military activity amplifying uncertainty.<\/p>\n\n\n\n
Oil prices stayed elevated, with Brent crude pushing beyond $106 per barrel, reinforcing inflation concerns and putting pressure on risk-sensitive assets including cryptocurrencies.<\/p>\n\n\n\n
Bitcoin has nonetheless displayed notable resilience in recent sessions, having rallied alongside other risk assets earlier in the week amid optimism over ceasefire progress.<\/p>\n\n\n\n
The U.S. dollar also strengthened on Friday on safe-haven demand, reflecting the broader caution coursing through financial markets, while global equities traded in mixed territory.<\/p>\n\n\n\n
Adding another layer of intrigue, a Reuters report cited an internal Pentagon email laying out possible measures to punish allies deemed insufficiently supportive during the U.S.-Iran conflict \u2014 including the potential suspension of Spain from key NATO functions.<\/p>\n\n\n\n
Ethereum, the world’s second-largest cryptocurrency, fell 1.3% to $2,311.92.<\/p>\n\n\n\n
XRP, ranked third globally, edged 0.7% higher to $1.43.<\/p>\n\n\n\n
Solana slipped 0.5%, while both Cardano and Polygon climbed more than 1%.<\/p>\n\n\n\n
In the meme token space, Dogecoin jumped 1.8%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Key Takeaways Modest pullback, strong week: Bitcoin slipped 0.3% to $77,794.4 but remains on track for a 4% weekly gain \u2014 its fourth straight weekly advance. Institutional appetite surges: U.S.-listed spot Bitcoin ETFs attracted nearly $1 billion in net inflows over the past week, one of the strongest weekly hauls since January. Massive cumulative flows: …<\/p>\n","protected":false},"author":9,"featured_media":99111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,40,6827,49,36],"tags":[6904,7820],"class_list":["post-126256","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-bitcoin","tag-risk-appetite"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126256"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126256\/revisions"}],"predecessor-version":[{"id":126258,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126256\/revisions\/126258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99111"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}